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The NBU is developing a portal of loan programs for small and medium businesses

Ukraine / Business and Finance

the Chief Bank regulator of the financial market of Ukraine presented the project on integration of all credit proposals on a single resource.

The NBU is developing a portal of loan programs for small and medium businesses

the national Bank of Ukraine is developing a special Internet service in which representatives of small and medium business will be able to find information about all loan programs that provide Ukrainian banks and international financial institutions.

this was announced by Deputy Chairman of the National Bank Ekaterina Rozhkova during a briefing on the stress testing of Ukrainian banks.

"There are many programs for small and medium businesses. These programs are different in different banks. Furthermore, there are many benefit programs that provide the international financial institutions, but there is a very low level of awareness of the business on various programs. It's hard to go to all the sites to collect this information. Therefore, we plan to make a single portal with all relevant programs of crediting of small and medium businesses," - said Rozhkov.

Also the Deputy Chairman of the NBU added that after the introduction of this portal in Ukraine is expected to revive lending by banks to small and medium-sized businesses.

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